
Only 15% make it: the six fault lines that break family businesses
Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.
The Authority urges financial firms to assess the likely impact of the COFI framework across governance, licensing, product design, and data.

Despite driving most of the world’s GDP, family firms rarely survive the fourth generation – here are the six predictable governance failures that undo them.

The system introduced limited access to savings components, but it did not change the longstanding withdrawal restrictions applicable to RAs.

The Western Cape Division holds that affixing a summons does not automatically satisfy the amended service rule in default judgment applications.

Founder Willem Theron will step down as non-executive chairperson.

The FSCA warns South Africans to stay vigilant as unauthorised individuals and entities exploit social media and digital platforms to solicit high-risk investments.

Internal directives cannot displace court orders or long-standing principles governing compensation, says the Western Cape High Court.

The case focuses attention on how the exchange control framework applies to crypto platforms that facilitate offshore trading through loans.

The CMS frames the judgment as necessary to protect members, emphasising the scheme is compliant, operational and under close oversight.

MBSE visits automotive dealerships to equip F&I professionals with CPD, FICA, and POPIA training tailored for their workplace needs.

Momentum Investments’ latest behavioural research shows fewer portfolio switches and lower overall ‘behaviour tax’ last year.

Despite easing inflation and lower borrowing costs, South Africans entering debt counselling use 71% of take-home pay to service debt, according to DebtBusters.

The report details the Panel’s mandate, membership, and engagement with the regulator since its establishment in 2023.

The effective date recorded on the FSCA’s register pre-dated any opportunity to make representations.

A complaint reviewed by the National Financial Ombud Scheme highlights how exclusions linked to unlawful conduct are assessed.

King V may be voluntary, but for retirement fund boards it has emerged as a critical standard for credible governance, fiduciary oversight and long-term value creation.

The committee’s final report is expected to examine the legal consequences of former chief executive Collins Letsoalo’s refusal to appear before Parliament.

Unless the Road Accident Benefit Scheme Bill is retrospective, it may fail to ease the Fund’s financial burden for more than a decade, warn MPs.